Swiss retail trade fell in August 2019

Turnover adjusted for sales days and holidays rose in the retail sector by 1.3 % in nominal terms in August 2019 compared with the previous year. Seasonally adjusted, nominal turnover fell by 1.6 % compared with the previous month. These are provisional findings from the Federal Statistical Office (FSO).

Real turnover adjusted for sales days and holidays fell in the retail sector by 1.4 % in August 2019 compared with the previous year. Real growth takes inflation into consideration. Compared with the previous month, real, seasonally adjusted retail trade turnover registered a decline of 1.6 %.

Retail sector excluding service stations

Adjusted for sales days and holidays, the retail sector excluding service stations showed a 0.7 % decrease in nominal turnover in August 2019 compared with August 2018 (in real terms –0.9 %). Retail sales of food, drinks and tobacco registered a decline in nominal turnover of 0.4 % (in real terms –0.8%), whereas the non-food sector registered a nominal negative of 1.2 % (in real terms –1.0 %).

Excluding service stations, the retail sector showed a seasonally adjusted decline in nominal turnover of 1.4 % compared with the previous month (in real terms –1.5 %). Retail sales of food, drinks and tobacco registered a nominal minus of 1.0 % (in real terms –1.0 %). The non-food sector showed a minus of 2.1 % (in real terms –2.1 %).

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